Nissan Car Lounge - Almera, Juke, Latio, Qashqai, Sylphy, Teana Owners > Latio
Changing from Sedan to Sports
vortex:
--- Quote from: Jazz on May 03, 2008, 04:38:04 PM ---Your Mitsubishi agent from C&C ? $3K difference. :glare:
--- End quote ---
Yap, probably the SE thought my name is Robert. Even if I like her car, I will not buy from her. Will try to get from another C&C agent from other branches.
So always do your homework before you buy or sell. :smile:
mirage1978:
wow... so many replies oredi... am currently in China so dun have much time to check the forum...
i've checked on my car details via onemotoring...
OMV = $15k
COE = $14.5k
Loans (6yrs) outstanding = ~$21k
Car price (Dec 05) = $59.5k
Yesterday, the TC SE called me that my trade off value would be about 35k... not sure what it means...
HumbleCar:
--- Quote from: mirage1978 on May 06, 2008, 10:12:55 AM ---wow... so many replies oredi... am currently in China so dun have much time to check the forum...
i've checked on my car details via onemotoring...
OMV = $15k
COE = $14.5k
Loans (6yrs) outstanding = ~$21k
Car price (Dec 05) = $59.5k
Yesterday, the TC SE called me that my trade off value would be about 35k... not sure what it means...
--- End quote ---
Roughly, what it means is that you can sell your car for 35K. As you still owe the bank 21K, you can take back 14K.
Actual amount you owe the bank should be less because of interest rebate. To work out the actual interest rebate, need to know your monthly installment amount, number of months of outstanding installment left (should be about 43 months) and total loan period (should be 72 months since you mentioned 6 year loan). This means you can take back > 14K.
Depreciation of your car over 2.5 years is about 24K (excluding interest).
HumbleCar:
--- Quote from: latioboy91 on May 01, 2008, 05:02:09 PM ---ASSUMING yours is a sedan. A dec 05 sedan should have cost you abt 60 plus k ..
Selling prices of 2nd hand Dec 05 ones, now, range from 40-45k.. So assuming the dealer earns 3-5k for your car. Lowest price you can get for your car now, is maybe 40k ? Or maybe 42k ?
Then just do simple maths. How much a latio sports is selling now - your trade in price = How much you top up.
Buying car is always losing money. It's only about HOW MUCH you wish to loose .
My 0.0002 cents worth. :devil2:
--- End quote ---
Ah Boy, the trade-in amount he got is below your estimate by 5-7K. You got lobang to help him get a better deal?
latioboy91:
--- Quote from: HumbleCar on May 06, 2008, 01:51:12 PM ---Ah Boy, the trade-in amount he got is below your estimate by 5-7K. You got lobang to help him get a better deal?
--- End quote ---
I got a much higher trade in amt due to 2 factors. OMV AND COE
My OMV is 17 close to 18. COE is 22k.
So that's where the higher trade in comes into place.
Also, maintainence. haha
cause my SE knows i maintain my cars like my wife or something =]
I can help him get a deal lah
he can pm me his details lor.
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